by Senator Gardiner

This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.

Prepared by:
Appropriations Committee (AP)

The bill recreates, without modification, the State Economic Enhancement and Development Trust Fund within the Department of Economic Opportunity. The trust fund, which was created on July 1, 2011, by Chapter 2011-138, L.O.F., was scheduled to be terminated on July 1, 2015.

Section 288.1201, F.S., provides that the trust fund was created for the purpose of infrastructure and job creation opportunities and for the following purposes or programs:

Transportation facilities that meet a strategic and essential state interest with respect to the economic development of the state;